A tax refund or tax rebate is a refund on taxes when the tax liability is less than the taxes paid. [ Taxpayers can often get a tax refund on their income tax if the tax they owe is less than the sum of the total amount of the withholding taxes and estimated taxes that they paid, plus the refundable tax credits that they claim. How Do I qualify for a tax rebate/ refund?
This will depend on how

much you have earned and how much you have paid in tax within the year. We have updated our tax refund calculator which you can use to see if you qualify to make a claim.
There are a number of reasons why you could be eligible. Including:
Working part time,
Studying and working at the same time,
Being put on an emergency tax code,
Leaving the UK,
Earning below the tax free, allowance (currently £6,475)
And a number of other reasons
]

Weegy: A tax refund or tax rebate is a refund on taxes when the tax liability is less than the taxes paid. [ Taxpayers can often get a tax refund on their income tax if the tax they owe is less than the sum of the total amount of the withholding taxes and estimated taxes that they paid, plus the refundable tax credits that they claim. How Do I qualify for a tax rebate/ refund?
This will depend on how much you have earned and how much you have paid in tax within the year. We have updated our tax refund calculator which you can use to see if you qualify to make a claim.
There are a number of reasons why you could be eligible. Including:
Working part time,
Studying and working at the same time,
Being put on an emergency tax code,
Leaving the UK,
Earning below the tax free, allowance (currently £6,475)
And a number of other reasons
] Expert answered|R_Fermo|Points 45|

Weegy: It may seem like a good idea to have the IRS take out too much money and get a large refund around tax time. If you think about it, you are really giving the government an interest free loan. [ While the government borrowed your money, you were likely going into debt paying interest or late fees to make ends meet. Even worse, creditors with judgments can wait until you are likely to receive a refund and file a garnishment against your bank account to get it. The excess withholding would have been for nothing. If you withholding too little, you may see a large paycheck to pay bills, but the tax man will not go away. Paying too little in taxes can lead to penalties for underpaying. These taxes are not subject to bankruptcy discharge for at least three years. Your disposable income will be higher, which means more money that can be garnished. You are basically taking money that should pay taxes and paying it to creditors. ] User: what are the pros and cons of having large amount of money withheld for taxes? (More)

Weegy: Private education loans are another source of funding available to students. Private lenders commonly use students' credit scores when issuing these loans, which are often used when federal loan amounts are not enough to pay for costs. (More)